. Industrial Development Corporation Act, 1940, as amended; The Competition Act, 1998; . Competition Amendment Act S16 (2008) s16 promulgated 2013; and . International Trade Administration Act, 2002. The Portfolio Committee on Economic Development (the Committee) is seized with aligning its oversight mandate with government imperatives of job creation, the reduction of income inequalities and eradication of poverty. The New Growth Path is one of the instruments developed to achieve the above stated goals. The report compiled includes the budget vote and annual performance plan of the EDD only. The report on the annual performance plans of state owned entities will be done separately due to time constraints.